TRECORA RESOURCES TREC Income Statement

Trecora resources (TREC)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax
258,959	287,932	245,143	212,399	-	-	-	-	-	-	-
Petrochemical and Product Sales
-	-	-	-	227,937	280,866	230,643	218,512	194,620	133,579	109,178
Processing Fees
-	-	-	-	14,039	8,777	5,584	4,346	4,897	4,677	3,783
Transloading sales
-	-	-	-	-	-	-	-	-	854	4,624
Total Revenues
-	-	-	-	241,976	289,643	236,227	222,858	199,517	139,110	117,586
OPERATING COSTS AND EXPENSES
Cost of sales and processing (including depreciation and amortization of $3,952 and $4,229, respectively)
220,444	260,114	203,582	172,497	184,967	246,140	201,064	192,100	173,600	121,895	95,688
GROSS PROFIT
38,515	27,818	41,561	39,902	57,009	43,503	35,163	30,758	25,917	17,215	21,897
GENERAL AND ADMINISTRATIVE EXPENSES
General and administrative
24,386	22,532	22,414	20,434	20,243	17,461	15,193	13,302	12,254	11,363	9,588
Goodwill and Intangible Asset Impairment
24,152	0	0	-	-	-	-	-	-	-	-
Restructuring and severance (Note 21)
0	2,347	0	0	-	-	-	-	-	-	-
General and Administrative
-	-	-	-	-	-	14,672	12,782	11,778	10,930	9,144
Depreciation
840	740	872	761	725	560	521	520	476	433	443
GENERAL AND ADMINISTRATIVE EXPENSES
49,378	25,619	23,286	21,195	-	-	-	-	-	-	-
GENERAL AND ADMINISTRATIVE EXPENSES
49,378	25,619	23,286	21,195	20,968	18,021	-	-	-	-	-
OPERATING INCOME
-10,863	2,199	18,275	18,707	36,041	25,482	19,970	17,456	13,663	5,852	12,309
OTHER INCOME (EXPENSE)
Interest Income
-	-	-	-	-	-	-	-	4	16	63
Interest expense
5,139	4,100	2,931	1,985	2,217	1,042	520	547	699	665	1,327
Gain (Loss) on Extinguishment of Debt
0	-315	0	0	-	-	-	-	-	-	-
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal
-680	0	0	-	-	-	-	-	-	-	-
Losses on cash flow hedge reclassified from OCI
-	-	-	-	-	-378	-301	-359	-	-	-
Business Combination, Bargain Purchase, Gain Recognized, Amount
-	-	-	11,549	0	0	-	-	-	-	-
Losses on Cash Flow Hedge Reclassified from OCI
-	-	-	-	-	-	-	-	-414	-468	-
Equity in (losses) earnings of AMAK
-	-	-	-1,479	-5,325	-1,072	-	-	-1,018	-874	0
Gain (Loss) on Sale of Equity Investments
-	-	-	3,168	0	-	-	-	-	-	-
Gain from Additional Equity Issuance by AMAK
-	-	-	-	-	0	-	-	-	-	-
Gain from Additional Equity Issuance by AMAK
-	-	-	-	-	-	3,997	0	8,850	0	-
Equity in Earnings of AMAK
-	-	-	-	-	-	4,703	-211	-	-	-
Miscellaneous income (expense), net
232	-158	-60	-28	-137	-272	-204	-114	3	-83	-74
OTHER INCOME (EXPENSE)
-5,587	-4,573	-2,991	11,225	-7,679	-2,764	7,675	-1,231	6,726	-2,074	-1,338
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES
-16,450	-2,374	15,284	29,932	28,362	22,718	27,645	16,225	20,389	3,778	10,971
INCOME TAX EXPENSE (BENEFIT)
-3,566	-646	-6,228	10,504	9,764	7,147	8,147	5,904	6,505	1,703	4,343
INCOME FROM CONTINUING OPERATIONS
-12,884	-1,728	21,512	-	-	-	-	-	-	-	-
INCOME (LOSS) FROM DISCONTINUED OPERATIONS, NET OF TAX
-2,090	-604	-3,503	-	-	-	-	-	-	-	-
NET INCOME
-	-	-	-	18,598	15,571	19,498	10,321	13,884	2,075	6,627
NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTEREST
-	-	-	-	0	0	0	0	0	0	0
NET INCOME
-14,974	-2,332	18,009	19,428	18,598	15,571	19,498	10,321	13,884	2,075	6,627
Basic Earnings per Common Share
Net income from continuing operations (in dollars per share)
-0.52	-0.07	0.89	-	-	-	-	-	-	-	-
Net income from discontinued operations, net of tax (in dollars per share)
-0.08	-0.02	-0.14	-	-	-	-	-	-	-	-
Net income (in dollars per share)
-0.61	-0.10	0.74	0.80	0.76	0.64	0.81	0.43	0.58	0.09	0.28
Basic weighted average number of common shares outstanding (in shares)
24,698	24,438	24,294	24,284	24,370	24,188	24,115	24,081	23,993	23,769	23,733
Diluted Earnings per Common Share
Net income from continuing operations (in dollars per share)
-0.52	-0.07	0.86	-	-	-	-	-	-	-	-
Net income from discontinued operations, net of tax (in dollars per share)
-0.08	-0.02	-0.14	-	-	-	-	-	-	-	-
Net income (in dollars per share)
-0.61	-0.10	0.72	0.78	0.74	0.63	0.79	0.42	0.57	0.09	0.28
Net Income attributable to Arabian American Development Company (in dollars per share)
-0.61	-0.10	0.72	0.78	0.74	-	-	-	-	-	0.28
Diluted weighted average number of common shares outstanding (in shares)
24,698	24,438	25,129	24,982	25,181	24,896	24,745	24,745	24,267	23,780	23,800
Product sales
Revenue from Contract with Customer, Excluding Assessed Tax
243,314	269,780	227,334	193,581	-	-	-	-	-	-	-
Processing fees
Revenue from Contract with Customer, Excluding Assessed Tax
15,645	18,152	17,809	18,818	-	-	-	-	-	-	-